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Follow these cooking methods/directions:
Combine parsley, caraway seeds, olive oil and salt and pepper to your taste in a small bowl. Press all over roast.
Place roast on rack in shallow roasting pan. Insert oven-safe meat thermometer into centre of roast. Oven-sear in preheated 450°F oven for 10 minutes. Reduce heat to 275°F; roast, uncovered, for about 2 hours for medium-rare, removing from oven when 5°F (3°C) below desired finished temperature (145°F/63°C for medium-rare, or 160°F/71°C for medium, or 170°F/77°C for well-done). NOTE: See ‘AVERAGE ROAST COOKING TIMES’ chart below for timing estimates for all types and sizes of beef roasts.
Transfer to cutting board, cover with foil and let rest for 15 minutes.
Port Wine Sauce: Meanwhile, if there is less than 2 tbsp (30 mL) fat and drippings in roasting pan, add 1 tbsp (15 mL) of the butter. Heat drippings and butter over medium heat on stove-top. Add shallots; cook, stirring, for about 3 minutes or until softened. Stir in wine and port; bring to a boil, scraping up any browned bits from pan. Reduce heat and simmer for about 7 minutes or until reduced by half. Stir in broth and bring to a boil. Gradually whisk in cornstarch mixture; simmer, stirring for about 2 minutes or until thickened. Strain (if desired) and return to pan. Whisk 1 tbsp (15 mL) butter into sauce; season with salt and pepper to taste.
Carve roast across the grain into thin slices and serve with Port Wine Sauce.